The latest from China & Hong Kong

Effective Date : December 1, 2024 Issuing Authority : General Administration of Customs (GAC), Decree No. 272 China's General...

For Irish companies entering or expanding in China, success depends not only on market opportunity—but also on understanding the legal...

China remains a hub of opportunity for international businesses and professionals. With its dynamic economy and expanding global...

In the competitive food and beverage industry, companies often seek to expand their footprint into new markets. This case study explores how a British food and beverage company, was able to successfully establish its operations in Hong Kong by partnering with Woodburn. With Woodburn’s comprehensive corporate services and flexible co-working space, the company gained a competitive edge in a vibrant market. Challenge As the client prepared to enter the Hong Kong market, the com

When choosing the best structure for your business in Asia, setting up a limited liability company (LLC) in Hong Kong stands out as one of the smartest, most strategic decisions. Known for its world-class financial infrastructure, low tax regime, and ease of doing business, Hong Kong continues to be a leading destination for startups, SMEs, and multinational companies. This article explores the top advantages of forming a limited liability company in Hong Kong, and why it's o

Navigating the financial and regulatory complexities of operating in China requires expert guidance. Whether you’re setting up a new...

Der Eintritt in den chinesischen Markt über ein Joint Venture (JV) bleibt für viele ausländische Investoren ein strategischer Weg....

In the fast-paced and competitive environment of Hong Kong’s business landscape, maintaining proper financial documentation is not just a...

As businesses expand into China, understanding the country’s tax and audit requirements is essential for compliance and financial efficiency. China’s tax system is complex, with regulations frequently evolving. Companies operating in China must ensure they adhere to corporate tax obligations, individual income tax requirements, and annual audit processes. Individual Income Tax (IIT) in China China’s Individual Income Tax (IIT) applies to both residents and non-residents earni

As Hong Kong’s economy continues to evolve in 2024, the latest wage and payroll statistics paint a promising picture of steady growth...

Expanding into Hong Kong, one of Asia’s premier business hubs, is an exciting opportunity for companies aiming to grow their presence in...

Hong Kong’s dynamic labour market reflects the city’s role as a global business hub. Rapid economic shifts, changing employee...

Hong Kong remains a key player in the global economy, consistently ranked as one of the most competitive and open financial hubs....

Hong Kong has long been recognised as a global hub for commerce and finance, offering a business-friendly environment characterised by...

China's tax regulations offer a significant incentive for businesses through the one-off deduction policy for fixed assets. This policy...

China has been progressively implementing a fully digitalized electronic invoicing system, known as e-fapiao, to modernize its tax...

In the first ten months of 2024, China's foreign trade exhibited notable growth, with the total value reaching RMB 36.02 trillion...

Is your company considering a change in its legal representative in China? Whether prompted by corporate restructuring, a leadership...

The amended PRC Company Law, in China was effective from July 1, 2024, introduces significant changes to corporate governance in China....

Setting up a travel agency in Hong Kong is an exciting opportunity, leveraging the city's thriving tourism industry and strategic...